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Search Results 0 to 49 of about 76 (some duplicates have been removed)
start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congress. and this is not something that the president can do alone. it is the congress decides how big the deficit will be but the president has to work with congress. we need more revenue and we need to drive down spending. i think the president understands that and he is working on this but he cannot do this alone. >> looking forward to the next four years, do you see an america that is retreating? >> i see an american -- a
if it is called, then it has to face the economic tasked with value facing 20% and a huge fiscal deficit thanks to the patronage of the last year than you are going to start to see a lot of the chickens come home to roost and see it break apart. this is very similar after -- basically he was forced to engage in a austerity package around 1952 until 55 and that is what basically got him kicked out. and then of course after 1944 he died and you begin to see that internal battle, then you begin to see diffraction happening but not until -- >> that is a perfect segue because i want to bring it back to russell for the question. we talked about politics and about constitution, institutions. we talked about the economy although we've alluded to this aspect to it let me ask you to take off your journalist hat and put on your markets have and ask a simple question is venezuela going to buy, sell or hold? >> i think what we are going to see in the short term is a great deal of turmoil to reverse of markets -- capital flees some certainty. so, right now you have on uncertainty because nobody knows what's
, spencer michels asks california governor jerry brown if his fiscal turnaround-- from a $27 billion deficit to a balanced budget-- offers a lesson for the nation. . >> you have to make tough choices. you have to live within your means. that means you have to not do everything you want to but you also have to raise more money. >> woodruff: and ray suarez examines a surge in suicides by u.s. troops last year, far exceeding the number killed in combat in afghanistan. that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> sailing through the heart of landscapes and river you see differently. you get close to iconic landmarks, to local life, to cultural treasur. it's a feeling that only a river can give you. these are are journeys that change your perspective on the world. and perhaps even yourself. viking river cruises. exploring the world in comfort. >> bnsf railway. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> a with thengog suport these instituti
proclaimed his state's huge budget deficit had disappeared. but some politicians in the golden state are skeptical. newshour correspondent spencer michels sat down with brown in san francisco. his report is a co-production with our colleagues at kqed-san francisco, and begins with some background on the fiscal troubles and the budget fix. >> reporter: california's sorry financial state and cuts made to health and welfare programs have prompted nearly nonstop demonstrations at the state capital in recent times. those protests got going four years ago when california and its then governor republican arnold schwarzenegger faced a staggering budget deficit of $42 billion. the recession, built-in spending, a large population in need of state services like health and welfare, a limit on property taxes, plus republican legislators' refusal to raise taxes created a dilemma in the world's ninth largest economy. with budget cuts coming like clock work, the state's college and university systems declined in offerings and in reputation. schools suffered cutbacks in personnel and programs. servic
isn't a very good one for them. working on deficit and spending budget is better for them. >> reporter: what do democrats say about passing a budget today. >> reporter: chuck schumer said the senate would pass a budget this year. the battle will be over spending cuts and what is included in that very budget. yesterday with the top congress alleaders at his inaugural luncheon president obama called for working together. >> i recognize that democracy is not always easy, and i recognize there are profound differences in this room, but i just want to say thank you for your service, and i want to thank your families for their service, because regardless of our political persuasions and perspectives, i know that all of us serve because we believe that we can make america for future generations. >> reporter: first challenge will be that debt ceiling vote tomorrow the first of many fiscal issues to be tackled in this new term. >> reporter: let the games begin. mike emanuel, thank you very much. what is the likelihood of a senate budget resolution. coming up minutes from now we'll speak to one
for india, given that the country is running something in the range of 4% gdp deficit. the financing of that deficit needs to be on on an orderly basis, whether it's through fdi. the indian authorities are in a point where they simply have no other choice but to become more amenable towards foreign investment. and here, india stands somewhat at a contrast to the rest of the em world, if you think of countries like india or brazil or turkey, how do manage that, how to do that on an orderly basis. in contrast to that, india has been too slow and now their back is against the wall to maintain stable macro environment, they need more flows and therefore, i think the market seems to be comfortable in thinking india has no choice but to remain open for business in a big way. >> you mentioned about two minutes ago rather more foreign investment becoming more amenable to this. i think those were your words. which would be the next sectors or the next stores which would have an interest in doing this? >> there's a host of things going on right now. the authorities have a series of reform sect
economic problems here. there was a $10 billion budget deficit that was much more than expected. that has become a big issue. the rising cost of living here has become a big issue and that's the thought that this precipitous drop, it was that he and his right-wing coalition hash 70 seats projected 2 months ago. they have fallen in the polls and there is now talk of them bringing on board a center party, run by a charismatic television anchor, turped politician. this person is demanding tax cuts for the middle scplases demand that the religious go to war, something that won't sit well with mr. netanyahu's base. going forward, he may have won, but it will be a very uncomfortable and probably tense couple of weeks to figure out which one of his friends he will put together to get to the crucial 61 number. >> neil: completing our trifecta of big stories today, i want to bring your attention to the stock market, up despite an ominous warning from bill gross, pacific income management, owns more treasuries, notes and bonds, save the u.s. government than anyone and warn that this government comi
turn, noting, for example, that the president has mentioned the deficit just once. the super pac cross roads g.p.s. unveiled a web video citing news accounts of the speech. >> the progressive liberal agenda is what he's now clearly staking his second term on. >> ifill: and at the capital today, republican senate minority leader mitch mcconnell joined the criticism >> one thing that pretty clear from the president's speech yesterday, the era of liberalism is back. unabashedly far left of center inauguration speech certainly brings back memories of the democratic party of ages past. if the president pursues that kind of agenda, obviously it's not designed to bring us together and certainly not designed to deal with the transcendent issue of our era which is deficit and debt. until we fix that problem, we can't fix america. >> ifill: white house officials dismissed that critique today. they said the president will speak directly to a wider array of issues in his state of the union address in february. >> brown: so how is the president framing his second term? joining us now for a broad vi
growing at 2% for years. we have deficit problems and not a single word of unity. what do you make of that? >> he didn't try to bring congress together. i'm not talking about the house. i'm talking about the house and the senate. they have to work together and the president has to be the leader to make that happen. he didn't demonstrate that. i'm troubled by how his address sounded. it didn't reflect the reality of today. the problems that he should be leading us to solve by calling for for entitlement rather than entitlement reform. and worse tax position. art laffer many thanks. now it is president obama's speech designed to break ronald reagan's hold on america. along the way. is he trying to split, fracture and bust up the republican party so his democrats can recapture the house. we are going to look at that next up on kudlow. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. heart-healthy, whole g
in that time to clear the way for negotiations on long-term deficit reduction, to add muscle to the efforts to bring democrats to the table, they would include a provision in the debt ceiling legislation saying that lawmakers will not be paid if they do not pass a budget blueprint. was it right to step back from challenging the president over raising the debt ceiling? >> well, i think the house proposal is a step in the right direction. no doubt the senate hasn't done it's job. it's been nearly four years since it's passed a budget. but it doesn't go nearly far enough. we have a crisis. i just got back last week from afghanistan. and i had multiple servicemen and women clasp me on the arm and say, please do something about the debt and deficit. we're bankrupting the country. that's what the american people are looking for. and to date, politicians have both parties have been unwilling to take even a tiny step in the right direction. we've got to fix the problem. >> the senate has to pass a budget. do you believe that? >> i do. >> why has it been four years since you've done that? >> well, l
look at this spending and our trillion dollar deficit, they want to know where all the money goes, not just over a million dollars, and this amendment would take one step to providing transparency and accountability. so i ask this committee add the amendment, and i'd also file two amendments that would have needed waivers. these seek to ensure that local governments are not violating the second amendment right office law abiding citizens. and then number 60 would require certification by the secretary of homeland security that no recipients were receiving funds if they were agent acting actinn contravention to the law preventing gun con confiscation. when guns were improperly confiscated after hurricane katrina, congress passed a law to prevent this from happening in the future. in the state legislature in kansas, i led the effort to pass similar legislation. i have submitted revised amend 68 that would ensure that no funds are used under this bill in violation of the second amendment rights following katrina. my office cleared this language with the parliamentarian's office. many
: mr. obama urged cooperation, rare now in washington, to cut health care costs and the deficit. >> but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. >> reporter: we can make progress, he said, on immigration, gay rights, climate change and school safety. a night to remember for the obamas and for the nation that re-elected the president. i'm steve handelsman, nbc news, washington. >>> president obama never used the words "democrat" or "republican" in his second inaugural address, but his political message was crystal clear. a full-throated embrace of progressive policies, along with a directive for our leaders to spear head the challenges that define us as individuals and as a country. >> the commitments we make to each other through medicare, medicaid and social security, these things do not sap our initiative. they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. we will respond to the threat o
to live on what they own. they have a 40 billion shekel deficit. we have to stop talking about whether it is yes or no to palestine. >> he opposes a palestinian state. his message has struck a chord, particularly with voters under the age of 30. this man is voting for the first time. >> i think he can really change things for israel. what's the most recent opinion polls suggest he could wind up to 15 seats, unlikely to threaten netanyahu's reelection to, but losing votes to other parties always comes with a risk attached. they could build a bloc to bar agreement. the former television journalist sees himself of a defender of the secular middle class and it wants to govern. >> it would be a very bad thing for israel to have a government that is bound by the extreme- right. then we have a greater isolation within the international community, an economy that will suffer. what we need is some sort of a government issued across the border. >> the labor party has a new rising star. he was one of the leaders of the social protest movement. he is 8 on the internal list. labor in second place i
't have a deficit and debt crisis the way we do right now. let's be fair about the facts. we are in a debt crisis. however, when something like this happens, it's an exception to the rule. these people are hurting. they need the help of the federal government, and that's what we're going to deliver today. the bottom line is we're going to move forward and get this done. >> you know, i have been blessed to get to know some of the really good people up in your borough like teddy atlas and your borough president. they're doing great work. tell us how bad it is. we're looking at pictures of the people under water during the flood. have just been devastated. i saw some of that stuff on your own island of staten island a couple weeks ago, it was really rough. >> it's horrendous. this is a war zone. let me be clear, don't forget about -- you see homes crushed. you see people's personal belongings wiped out to sea, but there's also emotional scars that you cannot see. just this past weekend i had a mother tell me her children are deathly afraid when it rains because they think there's going to be
of the labor force, a big number, and none of these things said deficits, generational debt, not mentioned. it's interesting, you had some people on the left comparing the speech to the gettysburg address. which i found somewhat amusing. and you know, the references to the messiah, jesus, i can't believe how caught up the media gets in these moments. it's actually comical, but i wanted to ask you for the speech itself, i felt it was a hodgepodge of written by people that want today come up with their ask not what your country can do for you, but what you can do for your country moment and when you write a speech like that isn't it likely to fail? >> well, you have to use your own words. but what they did cribbed a lot from abraham lincoln, i saw at least three speeches in there. the nation without liberty and equality, remain half free and half slave. and that's almost word for word from the house divided. gettysburg address, we have a republic, by the people, for the people. and lincoln's famous message to congress in 1862 before the emancipation proclamation he said as we think anew as our c
make the hard choices to reduce the cost of health care and reduce the size of our deficits. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [applause] we remember the lessons of our past, years spent in poverty, the parents of a child with a disability had nowhere to turn. we do not believe that freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, any one of us, at any time, may face a job loss or a sudden illness, or a home swept away in a terrible storm. the commitments that we make to each other through medicare, medicaid, social security, they do not sapped our initiative, they strengthen us. they do not make us a nation of takers, they free us to take risks to make this country great. host: the top republican in the senate responded to the president's address saying that he congratulated the president on his inauguration and that he wished him well in his duty to lead the u.s. at home and a
fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade which would stabilize our debt and our deficit in a sustainable way for the next day-to-day. jon: so what about that statement from the president, true or false? a fact check on that and a bunch of others. we'll have the answers for you coming up. jon: right now lawmakers are working on a strategy to try to keep the government running. they only have about 4-6 weeks left before the nation hits the national debt ceiling. republicans are calling for budge cuts in return for raising the debt ceiling, but president obama came out swinging during his news conference on monday claiming he's already gone a long way toward closing the budget gap. joining us now to fact check some of his statements, stephen hayes, a senior writer for the weekly standard and a fox news contributor, douglas holtz-eakin is now president of the american action forum. just as a general rule, steven, when you heard the president speaking in that news conference, was he generally being honest with the american people about
reforms for the long term that get us on a path to reducing debt and deficit. the issue is can't we get the president to sit down with us and not tell us it's our way or the highway or his way or the highway? that doesn't produce the kind of collaborative response to a problem. >> so i don't know whose highway specifically he wants to be on here but the bottom line is congressman walden sees at least from his vantage point that the debt limit should be tied to spending cuts and that's the road he'd like to pursue. where are things right now? >> well, here's where things are right now and the president's been very clear. the president's willing to negotiate a way to reduce the debt through a combination of cuts, but also, through tax reform. but what he's not willing to negotiate and he should not noer negotiate is over whether the congress pays for the bills. the congress is saying if we don't make the changes the way they want to, they're threatening to tank the united states economy. again, the debt ceiling, it is really important that people understand, this is not about expanding yo
thought their one idea, david, was cutting the deficit. >> that's -- they say that's the case, but it really is they want to just talk about spending cuts as if that is going to help the economy. and any mainstream economist now tells you that you may have to do that in some ways for long-term deficit implications but that's not good in the short run. even simpson/bowles say don't cut so fast. >> and just to be clear, it's not at all clear that they actually have coherent plans for anything they're suggesting. they have sort of hand waving spending cuts, entitlement reform without really writing down a specific path to get there. >> incredible. david corn and jared bernstein, gentlemen, thank you so much. stay with us. we'll be right back. what do we want to build next ? that's the question. every day. when you have the most advanced tools, you want to make something with them. something that helps. helps safeguard our shores. helps someone see through a wall of fire. helps those nowhere near the right doctor stand a chance. ... feeling in the extremities ? no. technology can
, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a dream, back in 1963. and remember, martin luther king's dream did not only include ending segregation. it included ending needless wars, fighting poverty, and making america a more equal country. barack obama, tell us what your dream is for the second term and once that is over, once you have inspired us, go about the hard work of implementing that dream. it is a dream speech i am looking for. >> angela merkle. but the omens are not good. her coalition has just lost a regional election that was widely viewed as a test of public opinion. >> at first, it looked like the german chancellor's party would win. when the final ballots were counted, it became clear the democrats were on their way out. the results show the coalition of angela merkle's party or one seat behind the opposition. t
with these incredible burdens of debt and deficit unless we reform these important programs. >> small talk over an all american inaugural luncheon of lobster, bison and arm pie showed the two parties are capable of expressing goodwill in hopes of bipartisanship. >> i think there are areas that we have in common and can work toward solutions together. >>> after day of celebration dan pheiffer telling "washington post" republicans may not be up to the task. the cbs news political director said quote go for the throat. why obama must declare war about the republican party. >> especially that coming from a news otherzation. >> we are getting a lot of reaction coming in. folks are criticizing president obama for putting social issues before the economy. the economy some argue is not one of his priorities. >> if you look back in 2008 the median household income 52,546 dollars. three years into president obama's presidency the average for 2011 it dropped more than 2,000 dollars to 50,054. when you look at the numbers do you think the president should be more focused on the economy. john meachum is talking ab
now in washington, to cut health care costs and the deficit. >> but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will buildi its future. >> reporter: we can make progress, he said, on immigration, gay rights, climate change and school safety. a night to remember for the obamas and for the nation that re-elected the president. i'm steve handelsman, nbc news, washington. >>> president obama never used the words "democrat" or "republican" in his second inaugural address, but his political message was clear, progressive policies along with a directive for leaders that define us as individuals and as a country. >> the commitments we make to each other through medicare and medicaid and social security, these things do not sap our initiative, they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. we will respond to the threat of climate change. knowing that the failure to do so would betray our children and future generations. we, t
in the late 1980's when we didn't have to talk about how to pay for disaster assistance because the deficit was only $3 trillion. but we've so badly mismanaged our money after that, by the time we got to hurricane katrina in 2005, that we actually did start talking about offsetting and paying for disaster relief and paid for and offset about 40% of it. but we didn't learn. we didn't learn from those mistakes and we've continued to mismanage our money and to run up our deficit to such a point now where we're at $16 trillion today and it's incumbent upon us to have the discussion about whether or not we have the money to do this. and whether or not it's important enough to us to pay for it. i wish very much that we weren't here today. i wish very much that we could pass this and easily borrow the money, without any questions whatsoever. but we've wasted that opportunity. we've mismanaged our own finances to the point where we are now no longer capable of taking care of our own. think about that for a second. in the united states of america we do not have enough money to take care of our own c
of americans said that you cannot sustain trillion dollar deficits indefinitely. i don't think obama cares at all about that. that is not on his agenda. i think he really is a president who believes his mission is to reduce the inequality. he saw reagan increasing in inequality. he is a leveller. obama care was step one. i crease in spending of the government which was a massive increase in spending. increasing taxation especially on the rich is a third item. i think he wanls to contin-- wa continue that. he wants to get to levels of entitlement that will make much more equality between the classes that's where he wants to go. to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president o
first term, i'm going to cut that first deficit in half. we didn't hear anything about that yesterday. in fact, it sounded more like spend, spend, spend, and in fact, if you're just waking up, you were sleeping through the speech yesterday, the main speech point was whatever you need, middle class, we're going to give it to you. >> brian: education, roads, communication, networks, science, labs, a lot of investment in infrastructure, which means investment infrastructure means do you need revenue? to get revenue, you raise taxes. >> gretchen: you lint like what he was talking about, maybe you liked that it was short. under 20 minutes. we heard that one president in history gave a two-hour speech. >> brian: and he died. >> steve: he did. >> gretchen: he did soon after of pneumonia. let's talk about that whole idea of the middle class, though, because these are the facts, folks. the median household income in 2007 was $54,489. of course, that was before the banks collapsed and before the recession. in 2011, that has gone down to $50,054. that's a huge chunk of change when you're talking
prepare for battle. over the debt, the deficit and spending. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. if there is a hanimoon at all for president obama in the second term, it could be four months. that is how long the house republicans want to extend the debt limit with a many strings attached bill that has the critics cowering on both sides of the aisle. chief congressional correspondent mike emanuel at the capital tonight. >> reporter: house leaders are planning a vote tomorrow to increase borrowing authority through may 18. i would include the house and senate pass resolutions by april 15. if it's not passed it would withhold the salaries putting them in escrow. resistance to the debt limit vote so far comes from the rank and file house conservatives. >> we have half a budget, but raising the debt ceiling for a budget to be named later is to me something i probably won't be able to vote for. >> if you raised it for three months unconditionally, three months from now what principles do you stand on to keep you from raising it again? >> all republicans have b
out and your kids can be taught the things that really matter like how the deficit's been destroying the country since january 21, 2009. how zor owes is a hungarian term for class traitor and a man can still have a
Search Results 0 to 49 of about 76 (some duplicates have been removed)